Split Trading Desks, Clorox May Follow Banks’ Travel Bans
- Veteran adviser offers snapshot of what financial firms plan
- Move seats further apart, shut gyms, open rooms for sick staff
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Big banks around the world are rushing to ensure they can keep Wall Street humming through a coronavirus pandemic. The travel curbs have begun -- the next steps will upend daily life on trading desks.
Firms are prepping plans that include: Activating backup sites and splitting up teams, so if an outbreak hits one office, their colleagues can continue elsewhere. Sanitizing every surface hourly -- from traders’ desks and phones to the elevator buttons. Shutting company gyms and maybe cafeterias. Designating rooms to send sickened staff until an ambulance arrives.